First Nations Cannabis Company Helping Finance New University of Guleph Cannabis Research Center

Confusion over Ohio Grown Therapies’ pesticide plan in its initial application for a Level 1 medical marijuana cultivation license nearly lost the Johnstown company entry into Ohio’s nascent market, until the Department of Commerce reevaluated the business’s score and issued it a provisional license late last month.

After initially ranking 15th in the race for 12 licenses to cultivate up to 25,000 square feet of medical cannabis, the company requested a Revised Code 119 Administrative hearing, where it successfully demonstrated that its application should have received additional points.

“Out of 12 allocated licenses, our scoring placed us 13th, and then we were actually bumped two places down to 15th by the diversity allotment,” Ohio Grown Therapies CEO Andy Joseph told Cannabis Business Times.

Ohio’s medical marijuana law required state regulators to issue at least 15 percent of the licenses to businesses that are minority owned by “economically disadvantaged” groups,

... read more at: http://www.cannabisbusinesstimes.com/first-nations-cannabis-company-university-of-guleph-research-center.aspx

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